Hi there
The formula of compound interest is
A=p (1+r/k)^kn
A future value?
P present value 12300
R interest rate 0.052
K compounded quarterly 4
N time 1 year
So
A=12,300×(1+0.052÷4)^(4×1)
A=12,952.18
Good luck!
I think the answer would be D
Answer:
x = 100
Step-by-step explanation:
The answer to that would be 0.125 because you do 25 divided by 200= which equals 0.125.
1000x-100m 1000x is the the staring amount and the m is the amount you take out a month